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High Compliance Costs Driving Credit Unions To Purchase Banks

High Compliance Costs Driving Credit Unions To Purchase Banks

ROYAL OAK, Mich., April 26, 2016 (PRNewswire) – In 2011, United Federal Credit Union in St. Joseph, Michigan did what the experts said couldn’t be done. The St. Joseph, Michigan-based credit union acquired Indiana-based Griffith Savings Bank in a first-of-its-kind deal. “Most industry union ...

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